Inside Toronto Condos

Entertainment District Condos

By: Webmaster
2012-03-29 03:06:29

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Once was home to 65,000 partiers every weekend and home to 90 clubs in 8 square blocks the club district became unbearably difficult for police to keep secure. Some have called the area the most dense club district in the Western hemisphere.

Desolate during the day with evenings from Thursday to Sunday jammed with drunken revelers made the area an inefficient use of valuable city land.  The city and community groups made a concerted effort to make lives difficult for club owners and encouraged other kinds of development in the area. Today the entertainment district is more diverse with new Residential, (Festival Tower, M5V, Boutique), new office space (The Score TV studios), and new daytime entertainment (Bell Light Box), and a lot less clubs.

Future Development Potential: High

The area is going through a massive redevelopment, one of the biggest in Toronto.  No parking lot is going to be safe and every property will be considered for a high rise development. The focus for the neighbourhood would be to create a mixed use community that is pedestrian friendly vibrant  (the area will be modeled after Time Square in New York and the Magnificent Mile in Chicago).  Since there are many historic and character buildings in the area, development in the Entertainment District will be tempered to keep these elements.

The Entertainment District revitalization is not just limited to redevelopment of buildings. The master plan calls for more public spaces, tree-lined streets,  pedestrian friendly sidewalks, better street lighting, in fact, John St (from David Pecaut Square to Dundas) will be known as Toronto’s cultural corridor.

Future development will be high as some sites allow for 25 to 60 storey towers

 

Demographic Indicators


 

Below you will find various demographic indicators for the Entertainment District. This will include information such as average income, down to the single and married ratio in the neighbourhood.

Single Hot Zone (Folks in the ages 25-44)52% (Toronto Average 32%)
Singles/Married70/30
Visible Minority 36.8% (Toronto Average 47%)
Recent Immigrants 6.3% (Toronto Average 11%)
Most Common Ethnic OriginBritish Isles/European
% of Population with Diploma or Degree10.53% (Toronto Average 9.6%)
Ethnic Diversity Index 5.15 (Most Diverse Neighborhood in Toronto 5.66)
Average Income $113,281
Income Inequality0.39 (Moderate gap btwn rich and poor 1 most inequality Toronto Average 0.39)
% Rental Dwellings51.9% (Toronto Average 45%)

 

Market Information


 

Below you will find market information for the Entertainment District, which will allow you to get a brief overview of what the Entertainment District market looks like.

Pre-construction Price Range $600-$800 psf
Re-Sale Price Range $500-$700 psf
Rental Range (1 Bdrm) $1700-$1900
Percent by home style Apartment 90%
Loft 6%
Other 4%
Housing type Condo Apartment 98%
Other 2%

 

Neighbourhood Vibrancy Factors


 

Entertainment District offers a lot of in that makes it stand out against other Toronto Neigbhourhoods. See the table below to find various information concerning what the Entertainment District has to offer.


City Investment Index100 (perfect score)
Employment and Business Space Score57
Polluting facilities 12
Green Spaces and Tree Index14
Health Providers 28
City Provided Recreation Index16
Walkscore 100
TTC Stops111 (average 65.91)
TTC overcrowded Routes9
Crime Index 60 (average Toronto 18.25)
Major Food Safety Infractions52 (Average 8.96)
Foodie Score 31

 

Restaurants


 

 

Entertainment District  has a lot to offer especially if you are looking to find great places to dine. Below you will find a table compiling all of the nearby restaurants you can expect to find while living downtown.

RestaurantWebsiteRating
259 Hosthttp://www.259host.com/

 
259 Wellington Street2.4
309 Dhaba Indian Excellencehttp://www.dhaba.ca/309 King Street West Toronto2.1
Anoush Shawarma330 Front St West1.6
Adelaide St. Pubhttp://www.adelaidestreetpub.com/340 Adelaide Street West1.3
Aroma Indian Cuisinehttp://aroma.sites.toronto.com/287 King St. West1
Cinquecento Trattoriahttp://www.cinquecentotrattoria.com/488 Wellington St. West2
Bubble Mix263 Wellington St West2
Burger Bratshttp://burgerbrats.ca/254 Adelaide St. West2.1
Burrito Boyzhttp://www.burritoboyz.ca/218 Adelaide St. West4
Cora'shttp://www.chezcora.com/277 Wellington St West3
Corned Beef Househttp://cornedbeefhouse.com/270 Adelaide Street West2.2
Crocodile Rockhttp://www.crocrock.ca/240 Adelaide Street West2
Dazzlinghttp://www.dazzlingrestaurant.com/291 King St W4
FOMOhttp://www.fomo.ca/291 King St W2
Fresh Biteshttp://www.fresh-bites.ca/254 Adelaide St W3
Fune Japanese Restauranthttp://fune.sites.toronto.com/100 Simcoe3
Fred's Not Herehttp://www.fredsnothere.com/321 King Street West2
Grace O'Malleyshttp://www.gracies.ca/14 Duncan Street2
Hey Lucyhttp://www.heylucy.ca/295 King St. West1.5
Grindhouse Burger Barhttp://www.grindhouse.ca/365 King St W
Khao San Roadhttp://www.khaosanroad.ca/326 Adelaide St. West3
King Street Social370 King St. West4
Kit Kat Italian Bar & Grillhttp://www.kitkattoronto.com/297 King St West4
Kit Kat Too (Club Lucky)http://www.kitkattoronto.com/117 John Street4
London Tap Househttp://www.londontaphouse.com/250 Adelaide St. West1.5
Luma (Oliver and Bonacini)http://www.oliverbonacini.com/Luma.aspx330 King St. W3
N'awlinshttp://www.nawlins.ca/299 King Street West3
Milagro 

http://www.milagrorestaurant.com/


 
5 Mercer Street3
Canteen (Oliver and Bonacini)http://www.oliverbonacini.com/Canteen.aspx330 King St. West3
Penelope Restauranthttp://www.peneloperestaurant.com/225 King Street West3
Oniwahttp://www.sushioniwa.com/214 King St. West2.5
Quesada Mexican Grillhttp://www.quesada.ca/234 Wellington Street West2
Ravi Soupshttp://www.ravisoup.com/322 Adelaide West4.5
Rooftop 15http://www.shmooze.ca/1515 Mercer Street2.5
Roosevelt Roomhttp://www.therooseveltroom.ca/328 Adelaide St. West2.5
Smoke's Poutineriehttp://smokespoutinerie.com/218 Adelaide St. West4
Smokeless Joe125 John Street4
Sense Appeal Coffee Roastershttp://senseappeal.ca/96 Spadina Avenue3.5
SOMA ChocolateMakerhttp://www.somachocolate.com/443 King St. West4
St. Tropezhttp://www.lesainttropez.com/315 King Street West2.5
Thai Princesshttp://www.thaiprincess.ca/387 King Street West3
The Ultimate Caf‚293 King Street Wes2
Tryst Nightclubhttp://www.trysttoronto.com/82 Peter Street2
Tutti Mattihttp://www.tuttimatti.com/364 Adelaide St. West3
Town Crier115 John Street2
Yuzu Sushi and Sake Barhttp://yuzutoronto.com/236 Adelaide Street West3.5

Sources 

 


Photo: Wyliepoom

 

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